News

Strontium market will stay strong new study says

In spite of recession, the effects of new technology and competition from alternative materials, demand for strontium is continuing its strong growth displayed during the early 1980s. Following the ra…


Montreal Exchange: Syngold makes big gain

Wednesday close, Nov 5 A good example of the success of Quebec’s flow-through offerings to raise money for exploration is found in Syngold Exploration. It might also be an argument against flow-throug…


Equity trims loss

Equity Silver Mines reported a loss of $583,000 or 2 cents per sha re for the nine months ended Sept 30, compared to a loss of $713,000 or 3 cents a share the previous year. President A.J. Petrina sa…


Energex winds down Toodoggone work

Increased income from operations and a positive cash fl ow boosted Energex Minerals’ cash position during the quarter ended Aug 31 to $1.64 million. President Arne O. Birkeland says the company’s inve…


Letters to the Editor: The platinum coins

I was interested to read your article First Platinum Mine — Where? Who? and surprised to see the statement that it was the Swiss who started minting 1-oz platinum coins. We believe the first platinum…


Geoscience forum in Yellowknife

Dec 1-4 are the dates for the 15th Annual Geoscience Forum to be held in Yellowknife. The forum covers mining development, mineral exploration, geological survey work, including Northern Affairs- Geol…


Westley/Radcliffe drilling Nevada bet

Preliminary drilling has been completed on area 1 of the Independence property, near Elko, Nev. held by joint venture partners Radcliffe Resources, formerly Majorem Minerals and Westley Mines. Ten wi…


Centurion hopes to develop placer deposit

Being able to deal successfully with environmental issues can put your services in very high esteem these days, especially in states like California where the environmentalist lobby is very strong. A …


OSC is upset over Larder valuations

Valuation reports prepared by International Larder Minerals were not prepared in accordance with appropriate valuation techniques, the Ontario Securities Commission (OSC) alleges. The valuation report…


Profit and revenues up in Rio Algom’s 3rd quarter

With earnings and revenue up again for the third straight quarter, another record year may be shaping up for Rio Algom. For the nine months ended Sept 30 the company saw its net earnings increase by n…


With 10 properties, Joutel active concern once again

When control of Joutel Resources passed to the trio of John Arnold, Hugh Harbinson and Charles Page this past summer, the three vowed to make the company an active mining concern. And by indications s…


Deep drilling at Lamaque is key to Teck/Tundra

Drilling on the No 5 diorite plug on Teck Corp.’s Lamaque gold property near Val d’Or, Que., is yielding encouraging values. Tundra Gold Mines, which has the right to earn a 50% interest in a portion …


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